Skip to main content
HR 6907 110th Congress House

All Bonuses Left Behind Act of 2008

Official title: To prohibit any golden parachute payment for executives and directors of Fannie Mae and Freddie Mac unless specifically authorized by law.

Introduced: September 15, 2008 Introduced by: Welch, Peter Democratic · Vermont See on congress.gov
Housing and Community Development Corporate finance and managementEmployee benefits and pensionsGovernment corporations and government-sponsored enterprisesHousing finance and home ownershipWages and earnings
This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 15, 2008
Referred to the House Committee on Financial Services.
Sep 15, 2008
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action September 15, 2008

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

All Bonuses Left Behind Act of 2008 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to prohibit a golden parachute payment or indemnification payment to any executive officer or member of the board of directors of the Federal National Mortgage Association (Fannie Mae) or of the Federal Home Loan Mortgage Corporation (Freddie Mac), except pursuant to federal law that specifically: (1) names the individual to whom the payment is to be made; and (2) identifies the payment or payments.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6907: All Bonuses Left Behind Act of 2008. 110th Congress. Open America. https://openamerica.io/bill/110-HR-6907/
MLA
"H.R. 6907: All Bonuses Left Behind Act of 2008." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-6907/.
Bluebook (legal)
H.R. 6907, 110th Cong. (2026), https://openamerica.io/bill/110-HR-6907/.
Markdown link
[H.R. 6907: All Bonuses Left Behind Act of 2008](https://openamerica.io/bill/110-HR-6907/)
Report a problem